Basic information

http://www.thepggroup.co.uk :: Tel: 0117 955 5537 :: Fax: 0117 902 1344

The PG Group
Stockwood Chambers
Cowper Street
Redfield
Bristol
BS5 9JL

The PG Group was founded in 2000 by Father Gregory Grant and Peter Bradley. Their stated aims were to “to improve the environment of their community and, if possible, to make donations to charity.” 1 “They believed it is possible to transpose best business practice in to parish life and best spiritual practice into business activities.”2

A third of the profit that the PG Group makes goes into the Peter Bradley Charitable Trust. (Because “”Father Gregory and Peter always felt that God was a third partner in the business.”) The rest goes back into developing the business’ property portfolio. 3 The first aim of the Peter Bradley Trust is “the advancement of the Roman Catholic and Christian faith in any part of the world.” Other aims are the relief of poverty and sickness, the relief of the elderly and the advancement of education in the Third World. 4

The PG Group appears to specialise in turning heritage buildings into residential units.

The have a history in St Pauls. They developed ‘Portland Mansions’ and ‘Norfolk Heights’ – the serviced apartments on Portland Square. They initiated but later pulled out of the onedovelane development, in alliance with Places for People.

People

Reverend Gregory Alexander Grant. Chairman

Co-founder. Parish priest of St Patrick’s in Redfield, since 1988. Dean of the Catholic Church in the diocese – which puts him in charge of seven parishes across the city. According to a 2010 interview, he “works from 7.30am to 11pm every day, to ensure success.” 5 He also told the interviewer “The way Peter and I always saw it, God gives you money simply so that you can give it away again. My idea of fun, is working out the best way to make money so we can find ways of giving it away.” 6

Fiona Bradley. Director.

Finance director for all PG companies for last three years. Previously worked in commercial and service environments. Trustee for Grant Bradley Charitable Trust. Wife of Peter Bradley, co-founder of PG Group, who died of a brain tumour in 2004.

Stewart Gaiger. Director.

Recent media spokesperson for the Group.

Properties

In a 2010 interview, Rev Grant said that property acquisition is in many ways synonymous with the core aims of the trust: to provide affordable housing and associated amenities for persons in need, and the relief of the elderly by the provision of housing and associated amenities especially designed or adapted to meet their disabilities and requirements. 7 He also said that the 16 properties they had bought and developed had mostly been into retirement homes. However, the list of completed projects and properties for sale on their website shows mainly high-end residential properties in converted heritage buildings.

As of 10 July 2011, properties up for sale by the PG Group were: 8

  • a £650,000 Grade II listed Georgian Town House on King Square, Bristol, BS2. 4-storey 3-bedroom townhouse with over 3000 sq. ft of floor space and generously high ceilings.
  • £200,000 2-bedroom converted school house, 19 Twerton Farm Close. *
  • £475,000, Belvoir Rd, St Andews, BS6. 6 Bedroom, 4 bathrooms. A large, character packed Victorian residence with absolutely wonderful city views and over 2,500 sq ft of living accommodation.
  • £249,995, Belvoir Rd, St Andrews, BS6, large 2-bedroom flat with attached studio flat. The flats are currently tenanted and could be sold with or without tenants. They presently let for £800 and £350 respectively.

Recently sold was 8 Portland Mansions. “A two double bedroom executive flat located centrally in the picturesque Portland square. […] This property is sure to generate interest from young professionals looking for a high status property close to the City Centre.”

Properties for rent:

  • Avalon Place, Pontypool. A four bedroom town house, unfurnished with kitchen appliances £595pcm9

Current development projects:

  • Saints Court, Pennywell Road, Old Market BS5 0RE. 27 residential units; a mix of 3 bed family homes and one and two bedroom apartments. Next to St Nicholas of Tolentino Church.

Completed projects:

  • St Peters Court. A £13m mixed use development in Bedminster. 86 apartments, a health centre, offices, library, art gallery and an old police station converted into a restaurant. Partnership with English Heritage, Affordable Housing, Bristol City Council. The building won a Civic Award in 2006 for “enhancing the Bristol environment.”
  • The Grant Bradley Gallery. Opened 2005 in the St Peters Court development . Converted grade II listed building which was the former library.
  • Portland Square. Comprising of two neighbouring sites this development was split into Portland Mansions and Norfolk Heights. The project included the demolition and replica new build of the linked Grade I listed structure. As an indication of the challenge the development provided, the building was recorded third in English Heritage’s register of endangered, historical properties in the South West. Undaunted, the company took on the development and have restored those Georgian buildings to their former glory, contributing to the restoration of this historic square. The combined sites house 21 apartments and 2 duplex family units with a courtyard garden and underground parking facilities.
  • St Georges Heights. Completed in 2004 on the site of derelict former church. 17 flats and two retail units. The building won a Civic Award in 2006 for “enhancing the Bristol environment.” The retail units have been occupied by St Patrick’s Church offering a charity shop and bringing the church office on to the high street.
  • Oriel Buildings. Completed in 2007 from former Twerton Baptist Church. 6 residential units – two maisonettes and four apartments
  • Avalon Place. Pontypool in South Wales. Eight three and four bedroom houses forming a small close.
  • Manilla Place. Weston Super Mare, is in a gated complex which consists of ten town houses and six two bedroom apartments, just 200 yards from the sea front.
  • Kewstoke College. The PG Group carried out negotiations and design work to get planning permission to turn these Victorian buildings into 29 units, in an exclusive part of Weston Super Mare. They then sold the project to Weston Securities LLP to develop the properties.

Future projects:

  • Cadogan House, Cardiff
  • Whitfield Tabernacle, Kingswood (see notes in cancelled/delayed projects)

St Pauls / onedovelane

The PG Group was initially involved in the proposed development onedovelane on a site bordered by Newfoundland Way and St Paul’s Park and including Dove Lane, Wilson Place, Wilson Street and Cheapside.10 This was a proposed £300 million development which would massively re-shape St Pauls. It involved building homes, shops, bars, a club, hotels, cafes, a four-storey primary school with rooftop play area, a doctors’ surgery. As of 2008 it was meant to be open in less than 3 years.

Consultations were held in the spring of 2007 on three schemes. One option included a skyscraper, which would be the joint fifth-tallest in the UK and would dwarf the 20-storey Castlemead tower in Lower Castle Street, while the others were lower-rise buildings.

St Paul’s Unlimited criticised the public consultation around the project. There were criticisms that the increase in facilities (eg school) and in promised employment would not compensate for the increase in population. Also that new shops – possibly a supermarket – would put the local small shops out of business. 11

Onedovelane was an alliance between PG Group & Places for People. In the early 2000s the PG Group bought the former English Corrugating Paper site and some neighbouring plots. PG Group pulled out of onedovelane project in November 2009. Father Gregory Grant said that they didn’t want to have all their resources tied up in one site, but that “having created the stimulus for a major change for the good in St Paul’s, we could now move on to find fresh challenges in pastures new.” 12 At the time is was reported that the PG Group was keeping an interest in St Pauls and intended to develop a site next to the M32 service station, possibly for an office block or a hotel.

Cancelled/delayed projects

Portishead library

In June 2010 the PG Group pulled out of a project to build a new new £5-million library and flats development in Portishead. After failing to secure Government cash to prop up the scheme, it has now told North Somerset Council that in the current financial climate, the development cannot go ahead. Proposals for a new library in Portishead were first put forward in 2003 and PG Group appointed as the developers.13

Whitefield Tabernacle

In June 2010 the PG Group were criticised by Kingswood MP and historian Chris Skidmore for failing to carry out repairs/maintenance on Whitefield Tabernacle in Kingswood, a historic site in the history of Methodism.14 The PG Group applied for planning permission to convert two buildings on the site into flats and to renovate the tabernacle itself. The council gave planning consent, conditional on the signing of a section 106 agreement. PG Group did not sign the agreement, citing the downturn in the property market. The council served PG Group with a section 215 notice requiring it to cut back overgrown vegetation and clear the site of rubbish. As of April 26, 2011, they were praised for cleaning the graveyard.15

Corporate structure

The PG Group is made up of a number of related companies, all Private Limited Companies registered with Companies House at the same Stockwood Chambers address.16 They are:

PG Enterprises Ltd.

Companies House Registration Number: 3979294

Incorporated 25/04/2000.

Name changed 15/05/2000 from BONUSMARKS LIMITED

Anthony Donovan Ltd.

Companies House Registration Number: 3632969

Date of Incorporation: 17/09/1998
Nature of Business (SIC(03)): 7020 – Letting of own property

Cave Street Ltd.

Companies House Registration Number: 7536049

Date of Incorporation: 21/02/2011

Nature of Business (SIC(03)): None Supplied

Name changed 21/04/2011 from PG CAVE STREET LTD

Grant Bradley Galleries Ltd.

Companies House Registration Number: 5486113

Date of Incorporation: 21/06/2005

Nature of Business (SIC(03)): 9232 – Operation of arts facilities

P G Developments (South West) Ltd.

Companies House Registration Number: 3758032

Date of Incorporation: 23/04/1999

Nature of Business (SIC(03)): 4521 – General construction & civil engineering; 7011 – Development & sell real estate; 7012 – Buying & sell own real estate; 7020 – Letting of own property

PG Enterprises (St. Nicholas) Limited
Companies House Registration Number: 05387267

Date of Incorporation: 10/03/2005

Nature of Business (SIC(03)): 4545 – Other building completion

Name changed 12/09/2007 from PETRUS DEVELOPMENTS LIMITED

P G Properties Ltd.

Companies House Registration Number: 3494768

Date of Incorporation: 19/01/1998

Nature of Business (SIC(03)): 7020 – Letting of own property; 7032 – Manage real estate, fee or contract; 7415 – Holding companies including head offices

Peregrine Management Services Ltd.

Companies House Registration Number: 5029736

Date of Incorporation: 29/01/2004

Nature of Business (SIC(03)): 7032 – Manage real estate, fee or contract

Perran Properties Ltd.

Companies House Registration Number: 5541125

Date of Incorporation: 19/08/2005

Nature of Business (SIC(03)): 7011 – Development & sell real estate

Petrus Group Ltd.

Companies House Registration Number: 5388262

Date of Incorporation: 10/03/2005

Nature of Business (SIC(03)): 7011 – Development & sell real estate

Pg (The Eye) Ltd.

Companies House Registration Number: 7505774

Date of Incorporation: 26/01/2011

Nature of Business (SIC(03)): None Supplied

Portland House (Pg) Ltd.

Companies House Registration Number: 7598087

Date of Incorporation: 11/04/2011

Nature of Business (SIC(03)): None Supplied

Portland Mansions (Management Co.) Ltd.

Companies House Registration Number: 4719989

Date of Incorporation: 02/04/2003

Nature of Business (SIC(03)): 9800 – Residents Property Management

Stockwood Chambers Management Co. Ltd.

Companies House Registration Number: 4413143

Date of Incorporation: 10/04/2002

Nature of Business (SIC(03)):9800 – Residents Property Management

Name changed 16/05/2002 from TREE GARDEN MANAGEMENT COMPANY LIMITED

The Grant Bradley Charitable Trust

Basic information

One third of all profits made by the PG Group are given to The Grant Bradley Charitable Trust.

The Grant Bradley Charitable Trust, Reg No. 1093331

Contact details: Mrs Fiona Bradley, Stockwood Chambers, Cowper St, Redfield, Bristol. BS5 9LJ. Tel:- 0117 955 5537 Fax:- 0117 902 1344

www.thegrantbradleytrust.com

Trustees are

  • Mrs Fiona Elizabeth Bradley

  • Reverend Gregory Alexander Grant

  • Terry Coggins

  • Mr Anthony Donovan

  • Monssignor Seamus O’Boyle

One of the trust’s major fundraising events is the Buddy Ball, held in memory of Peter Bradley. The 2009 event alone raised more than £10,000 and brought the total collected by the balls to well over £70,000.

The trusts motto is ‘Spectate Praemium’, Latin for ‘keep your eyes on the prize’.

Aims

The aims of the Grant Bradley Trust are:

The advancement of the Roman Catholic and Christian faith in any part of the world.

The relief of poverty and sickness by the provision of affordable housing and associated amenities for persons in need.

The relief of the elderly by the provision of housing and associated amenities especially designed or adapted to meet the disabilities and requirements.

The relief of poverty, the relief of sickness and the advancement of education in particular, but not exclusively, by providing, equipping and maintaining schools and hospitals in the Third World.”17

The Grant Bradley trust operates throughout England and Wales, Burma, China, India, Mexico, Peru, Poland, Slovakia, South Africa, Tanzania, Uganda, USA.18

Financial review

From GBT accounts for year ending December 31 2008 (the most recent accounts available as 2009 accounts are 250 days overdue):

The main priorities for 2008 were to support the work carried out in St Patrick’s Parish and to distribute funds to various projects, both locally and internationally.

The Trust received more than £145,000 in donations. Significant donations were received from Springhill Care Group Limited, PG Group and the Trustees during the year.

Grants made during the year totalled £133,648, with the remainder of funds being more than consumed by the purchase of additional flats.

After donations, the second largest source of income in 2008 was rent, £58,000. The Trust intends to continue with the rental of properties in its portfolio.

There is an ongoing commitment to donate £3,000 per month (£36,000/year) to St Patrick’s Church, Redfield.

The CAFOD fund represents an ongoing commitment for donations to be given annually. The amount given is agreed at Christmas each year. The £10,000 transfer from the general fund represents the value of the last pledge. CAFOD is the Catholic Overseas Development Agency.19

The charity made a commitment to pay £500 to Mission Society of St Peter the Apostle for 4 years.

At 31 December 2008, the trust had assets in the form of Long Leasehold Property to the value of £1,379,076, works of art £12,000, & total assets (including office furniture etc) of £1,395,826

1 Meet the Bristol priest turned property developer. By Bedminster People | Wednesday, January 13, 2010, 12:00. http://www.bedminsterpeople.co.uk/news/Meet-Bristol-priest-turned-property-developer/story-4515233-detail/story.html

3 Meet the Bristol priest turned property developer. By Bedminster People | Wednesday, January 13, 2010, 12:00. http://www.bedminsterpeople.co.uk/news/Meet-Bristol-priest-turned-property-developer/story-4515233-detail/story.html

5 Meet the Bristol priest turned property developer. By Bedminster People | Wednesday, January 13, 2010, 12:00. http://www.bedminsterpeople.co.uk/news/Meet-Bristol-priest-turned-property-developer/story-4515233-detail/story.html

6 Meet the Bristol priest turned property developer. By Bedminster People | Wednesday, January 13, 2010, 12:00. http://www.bedminsterpeople.co.uk/news/Meet-Bristol-priest-turned-property-developer/story-4515233-detail/story.html

7 Meet the Bristol priest turned property developer. By Bedminster People | Wednesday, January 13, 2010, 12:00. http://www.bedminsterpeople.co.uk/news/Meet-Bristol-priest-turned-property-developer/story-4515233-detail/story.html

13 Future of £5 library in doubt, thisisbristol, June 03 2010. http://www.thisisbristol.co.uk/Future-163-5m-library-doubt/story-11246605-detail/story.html

15 thisisbristol article

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